Samsung Hopes to Sell 390 Million Smartphones Next Year
December 27, 2012 10:50 AM
comment(s) - last by
Samsung aims high for 2013
With the final days of 2012 upon us, many companies are looking forward to “great success” in 2013. Samsung is expecting to sell 510 million mobile phones next year, which would represent a 20 percent rise compared to 2012.
Of the 510 million mobile phones it expects to sell, 390 million will be smartphones with the remainder coming from the sale of feature/budget phones.
"There are some possibilities that smartphone demand will slow in general. But we are seeing new demand for devices using Long Term Evolution (LTE),'' said Kim Hyun-joon, an executive at Samsung's telecommunications division."
Samsung also announced that it intends to build 240 million devices at its Vietnamese factory, 170 million devices in China, 20 million in India, and 40 million devices at its Korean factory. Samsung also plans to spend $2.2 billion upgrading handset factories in Vietnam by 2020 to boost output.
"By offering better pricing to consumers in developing nations, we will find new growth. This will also enable consumers in developed nations like North America and Europe to buy our LTE devices at more affordable prices,'' said a Samsung official.
Analysts are predicting that Samsung will dethrone Nokia to become the top handset shipper in the world for 2012. Nokia has held that title for 14 years.
This article is over a month old, voting and posting comments is disabled
RE: A tale of two cities
12/28/2012 5:43:52 PM
We'll see. I hope so, but while other companies improve the quality of their screens and chassis, Samsung continues to bury them. HTC and Motorola can keep improving their hardware but as long as Samsung keeps getting away with cutting corners on quality I don't see how they'll have incentive to improve.
Like, the gap in sales continues to widen, so I dunno...
"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs
Retiree Sues Apple For $7,500 for Wiping Honeymoon Photos From His iPhone
November 30, 2015, 10:23 AM
iPhone 7 May Pack 3-4 GB Memory, More Storage; 4-Inch Comeback is Rumored
November 20, 2015, 10:12 PM
OnePlus One, OnePlus 2 Will Receive Android Marshmallow in Q1 2016
November 16, 2015, 9:58 AM
Lenovo Whoa: Motorola Droid MAXX 2 and Turbo 2 Break Cover in Leaks
October 26, 2015, 3:12 PM
Leak: Apple Preps for First Real Android App Foray With New Apple Music App
October 24, 2015, 1:59 PM
Pepsi Smartphone? Empty Calories Coming Soon to the Midrange
October 12, 2015, 11:41 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information